ECONOMY
GDP EXPECTED TO REACH AZM 40,3 TRILLION IN LATE 2004
Azerbaijan's GDP made up 29 tln 689,1 bln manats in January - September 2004 that exceeds the last year's figure by 9,9%, the Milli Majlis Standing Commission On Economic Policy announced. Contributions to GDP growth were made from consumer goods industry (38,3 %), agriculture (9,9%), construction (13,2%), transport (6,7%), consumer services (13,4%) and other industries.
The volume of GDP per capita is AZM 3 mln 633,1 thousand /US $ 738,9/that is 9,0 % more as compared with the corresponding period of 2003.
The Governments forecasts the GDP to reach AZM 40,3 tln by the end of 2004, and therefore, the per capita GDP will for the first time exceed US$ 1000.
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